Hi, All if you interest #cashflow and check this out and let me know what you think?
3240 Bell St Sacramento, CA 95821 14 total units (9) 1bed/1bath units, 700 Sq Ft Per Unit (5) 2bed/1bath units, 900 Sq Ft Per Unit 93% Occupied 8.87% Cap Rate Current Asking Price is $750,000 Your Price is: $650,000 Currently #cash flowing# $7,150 per month Repairs and Remarks: After expenses net operating income is $50,596 = 8.87% Cap Rate. Property was built in 1959. The property has a newer roof that was installed in 2009. All units are being #rented except for 1. This is a FSBO. This property requires a $15,000 Deposit with the title company of your choice. The cap rate is on the low side, however, the landlord is charging next to nothing for rent right now and the new owner can make more easily and boost the cap rate up to 10-12% Email: Show email